Valero Energy Corp
VLONYSEPetroleum RefiningFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 28, 2026Score 16/3015% above fair value
$381.46−18.20 (-4.55%)
Close on Nov 2, 2026Market cap $109.83BP/E 15.8Yield 1.18%
Valero Energy Refining margin — Total by Year
Refining margin — Total ($M, Non-GAAP) ($M)
Valero Energy Refining margin — Total: $13,403M in FY2025, up 18.3% from a year earlier.
Latest, FY2025
13,403
Period ended Dec 31, 2025
Change on a year earlier
+18.3%
11,325 in FY2024
History
10 years
Since FY2016
Sources
9
Documents cited below
Where the FY2025 figure comes from
“|| Refining margin | $ | 3,898 | $ | 2,326 | $ | 13,403 | $ | 11,325”
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Refining margin — Total ($M, Non-GAAP) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 13,403 | +18.3% | Valero Energy Form 8-K, filed 2026-01-29 ↗ |
| FY2024 | Dec 31, 2024 | 11,325 | -40.7% | Valero Energy Form 8-K, filed 2026-01-29 ↗ |
| FY2023 | Dec 31, 2023 | 19,087 | -18.8% | Valero Energy Form 8-K, filed 2025-01-30 ↗ |
| FY2022 | Dec 31, 2022 | 23,518 | +155.6% | Valero Energy Form 8-K, filed 2024-01-25 ↗ |
| FY2021 | Dec 31, 2021 | 9,201 | +84.9% | Valero Energy Form 8-K, filed 2023-01-26 ↗ |
| FY2020 | Dec 31, 2020 | 4,977 | -52.1% | Valero Energy Form 8-K, filed 2022-01-27 ↗ |
| FY2019 | Dec 31, 2019 | 10,391 | -7.6% | Valero Energy Form 8-K, filed 2021-01-28 ↗ |
| FY2018 | Dec 31, 2018 | 11,244 | +14.8% | Valero Energy Form 8-K, filed 2020-01-30 ↗ |
| FY2017 | Dec 31, 2017 | 9,792 | +14.4% | Valero Energy Form 8-K, filed 2019-01-31 ↗ |
| FY2016 | Dec 31, 2016 | 8,563 | – | Valero Energy Form 8-K, filed 2018-02-01 ↗ |
Cite this data
StockData. (2026). Valero Energy Refining margin — Total ($M), annual FY2016–FY2025 [Data set]. Compiled from Valero Energy SEC filings and investor materials. https://stockdatahq.com/stocks/vlo/kpis/er-refining-margin
See every metric in the Valero Energy KPI table. Data updated Oct 27, 2026.